Cost of living comparison

compared to

Panama City vs. Hong Kong Cost of Living Summary

Panama City is 0.1% more expensive than Hong Kong.

Restaurants
pay 78.9% more in Panama City
Groceries
pay 0.5% less in Panama City
Transportation
pay 3.8% more in Panama City
Housing
pay 32.8% more in Panama City
Childcare
pay 53.0% less in Panama City
Entertainment and Sports
pay 24.1% less in Panama City
Clothing
pay 37.0% less in Panama City

The cost of restaurants, housing, and transportation in Panama City are more expensive than in Hong Kong. Expenses including childcare, clothing, entertainment and sports, and groceries are lower in Panama City. Notably, restaurants is significantly more expensive in Panama City.

Panama City vs. Hong Kong Cost Breakdown

If you lived in Panama City instead of Hong Kong, you would:

pay 78.9% more for restaurants

 
Hong Kong
Panama City
Basic meal with drink at inexpensive restaurant $7.91
HK$61.55
$20.00
 
Fast food combo meal
McDonalds, or similar
$6.43
HK$50.04
$10.50
 
Bottle of Coca-Cola (11 fl. oz) $1.39
HK$10.81
$2.12
 

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pay 0.5% less for groceries

 
Hong Kong
Panama City
Bread
1 loaf
$2.19
HK$17.06
$3.48
 
Local cheese (8 oz) $12.44
HK$96.86
$5.49
 
Milk (1 gallon) $11.75
HK$91.46
$4.38
 

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pay 3.8% more for transportation

 
Hong Kong
Panama City
Gasoline (1 gallon) $11.90
HK$92.63
$2.89
 
Monthly public transit pass $67.49
HK$525.40
$135.00
 
New Volkswagen Golf 1.4 (standard edition) $38,564.70
HK$300,226.22
$23,000.00
 

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pay 32.8% more for housing

 
Hong Kong
Panama City
Internet connection
50 mbps or faster, cable/dsl
$22.19
HK$172.75
$66.08
 
1-Bedroom apartment in downtown area $2,349.29
HK$18,289.20
$1,700.00
 
1-Bedroom apartment outside city center $1,688.04
HK$13,141.37
$1,500.00
 

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pay 53.0% less for childcare

 
Hong Kong
Panama City
Private preschool for 1 child, monthly $1,038.61
HK$8,085.57
$400.00
 
Middle school for 1 child, two semesters $22,248.89
HK$173,207.58
$12,338.67
 

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pay 24.1% less for entertainment and sports

 
Hong Kong
Panama City
Domestic/local beer (1 pint) $6.48
HK$50.47
$5.00
 
Cappuccino in mid-range area $5.23
HK$40.72
$5.10
 
Pack of cigarettes
Marlboro or similar
$13.11
HK$102.08
$8.00
 

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pay 37.0% less for clothing

 
Hong Kong
Panama City
Regular jeans
Levi's brand
$74.06
HK$576.58
$32.67
 
Regular dress
from H&M or similar store
$42.18
HK$328.34
$35.00
 
Running shoes
Nike or Adidas
$91.97
HK$716.02
$60.00
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025
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